Robinhood (NASDAQ: HOOD) director adds shares via RSU vesting and fee stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinhood Markets, Inc. director Jonathan Rubinstein increased his equity stake through stock awards and RSU vesting. On March 31, 2026, he was automatically granted 422 shares of Class A Common Stock in lieu of cash director fees, based on a closing price of $69.30 per share; these shares were fully vested at grant. On April 1, 2026, 800 restricted stock units converted into 800 Class A shares, raising his directly held Class A Common Stock to 1,222 shares and leaving 801 RSUs outstanding. He also indirectly holds 147,737 Class A shares by trust, reflecting a prior transfer of 1,059 shares that did not change his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
800 shares exercised/converted
Mixed
4 txns
Insider
RUBINSTEIN JONATHAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 800 | $0.00 | -- |
| Exercise | Class A Common Stock | 800 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 422 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 801 shares (Direct);
Class A Common Stock — 1,222 shares (Direct);
Class A Common Stock — 147,737 shares (Indirect, By Trust)
Footnotes (1)
- On March 31, 2026, the Reporting Person was automatically granted 422 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc. ("Robinhood"), which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan"). This grant was made in lieu of cash fees, based on the March 31, 2026 closing price of $69.30 per share of Class A Common Stock, and these shares were fully vested upon grant. Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. Reflects the prior transfer of 1,059 shares of Class A Common Stock from the Reporting Person to a trust, which transfer effected only a change in the form of beneficial ownership and did not result in any change in the Reporting Person's pecuniary interest in such shares. On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Plan. One-fourth (1/4) of these RSUs vested on October 1, 2025, with the remainder vesting in three (3) equal quarterly installments thereafter (except the final installment will vest no later than the day before Robinhood's 2026 annual meeting of stockholders), in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
Key Figures
Director fee stock grant: 422 shares
Grant valuation price: $69.30 per share
RSUs converted: 800 RSUs
+5 more
8 metrics
Director fee stock grant
422 shares
Class A Common Stock grant on March 31, 2026 in lieu of cash fees
Grant valuation price
$69.30 per share
March 31, 2026 closing price used to calculate 422-share director grant
RSUs converted
800 RSUs
RSUs converting into 800 Class A shares on April 1, 2026
Direct Class A holdings
1,222 shares
Directly held Class A Common Stock after April 1, 2026 transactions
Indirect trust holdings
147,737 shares
Class A Common Stock held indirectly by trust, including prior 1,059-share transfer
Outstanding RSUs
801 RSUs
Restricted Stock Units remaining after 800-unit conversion on April 1, 2026
Initial RSU grant
3,202 RSUs
RSUs granted on June 25, 2025 under Robinhood’s 2021 Omnibus Incentive Plan
First vesting fraction
One-fourth
Portion of 3,202 RSUs that vested on October 1, 2025
Key Terms
Restricted Stock Units, Non-Employee Director Compensation Program, 2021 Omnibus Incentive Plan, RSUs, +1 more
5 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Employee Director Compensation Program financial
"the Reporting Person was automatically granted 422 shares of Class A Common Stock under the Non-Employee Director Compensation Program of Robinhood Markets, Inc."
2021 Omnibus Incentive Plan financial
"which permits directors to elect to receive payment of quarterly director fees in the form of stock, and Robinhood's 2021 Omnibus Incentive Plan (the "2021 Plan")."
RSUs financial
"On June 25, 2025, the Reporting Person was granted 3,202 RSUs under Robinhood's 2021 Plan."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
pecuniary interest financial
"did not result in any change in the Reporting Person's pecuniary interest in such shares."
FAQ
What insider transactions did Jonathan Rubinstein report at Robinhood (HOOD)?
Jonathan Rubinstein reported receiving 422 fully vested Class A shares as director fees and the conversion of 800 RSUs into 800 Class A shares, increasing his direct holdings to 1,222 shares and leaving 801 RSUs outstanding, plus a large indirect trust position.
How do Robinhood (HOOD) restricted stock units work for Jonathan Rubinstein?
Restricted stock units convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. Rubinstein had a 3,202-RSU grant from June 25, 2025, with one-fourth vesting October 1, 2025 and the remainder in subsequent quarterly installments, subject to continued service conditions.